Hyosung
Hyosung Corporation, a prominent player in the global manufacturing sector, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and the Americas. Founded in 1966, Hyosung has established itself as a leader in various industries, including textiles, chemicals, and industrial machinery. The company is renowned for its innovative core products, such as high-performance textiles and advanced industrial equipment, which are distinguished by their quality and technological advancements. Hyosung's commitment to sustainability and efficiency has positioned it favourably in the market, earning accolades for its eco-friendly practices and cutting-edge solutions. With a strong emphasis on research and development, Hyosung continues to drive growth and maintain its competitive edge in the global marketplace.
DitchCarbon Score
How does Hyosung's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hyosung's score of 43 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hyosung's reported carbon emissions
In 2023, Hyosung reported total carbon emissions of approximately 303,184,000 kg CO2e, comprising 284,833,000 kg CO2e from Scope 1 and 514,221,000 kg CO2e from Scope 2 emissions. Notably, there were no reported emissions from Scope 3 in this year. In previous years, Hyosung's emissions have shown significant fluctuations. For instance, in 2021, the total emissions were about 1,334,554,000 kg CO2e, with Scope 1 contributing approximately 319,813,000 kg CO2e and Scope 2 at around 567,422,000 kg CO2e. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. Overall, while Hyosung has made strides in tracking and reporting its emissions, the absence of defined reduction targets suggests a need for a more structured approach to climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 223,097,600 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,051,955,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hyosung is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
